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Amazon Plans To Lay Off Around 10,000 Employees, Report Says Amazon Plans To Lay Off Around 10,000 Employees, Report Says
Amazon Plans To Lay Off Around 10,000 Employees, Report Says A week before the holiday shopping season officially kicks off, Amazon is set to begin laying off approximately 10,000 corporate and technology employees, The New York Times reports. Job cuts at the online retail giant were expected to start the week of Monday, Nov. 14, and will primarily affect Amazon’s retail, devices, and human resources divisions, according to the outlet. The largest in its history, the layoffs would impact 1 percent of the company’s global workforce and 3 percent of its corporate employees. It follows several other cost-cutting moves that CEO Andy Jassy has implemente…

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by Michael Mashburn
Lifestyle
Tech Industry Eyes Next Big Thing Amid Drop In Smartphone Sales Tech Industry Eyes Next Big Thing Amid Drop In Smartphone Sales
Tech Industry Eyes Next Big Thing Amid Drop In Smartphone Sales Now that more than 80 percent of American adults own smartphones, tech industries are developing the next big thing. Prompted by a drop in smartphone sales over the past two years, many technology companies - including Apple, Microsoft, Google, Facebook, and Amazon - to get back to research and development, CNBC reported. So what will the next big thing be, according to tech companies? Augmented reality or AR is otherwise known as mixed reality. Here is a still from a video by Apple showing how its new AR (augmented reality) platform will display on a smartphone.Apple This isn’t the…

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by Kristin Palpini
Business
Ama-gone: NY Governor Cites 'Small Group Of Politicians' For H2Q Collapse Ama-gone: NY Governor Cites 'Small Group Of Politicians' For H2Q Collapse
Ama-gone: NY Governor Cites 'Small Group Of Politicians' For H2Q Collapse Amazon’s shocking decision to back out of a deal to set up shop in New York has Gov. Andrew Cuomo pointing fingers at “a small group of politicians.” The online retail behemoth announced on Thursday that it is no longer planning to construct a new headquarters in Long Island City, bringing more than 25,000 jobs to the region. The company said that despite the support of New Yorkers, it has decided to only move forward with their new campus in northern Virginia. “After much thought and deliberation, we've decided not to move forward with our plans to build a headquarters for Amazon in Long I…

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by Zak Failla
Business
It's Official: New Amazon HQ2 Headquarters Will Bring 25K High-Paying Jobs To NYC Area It's Official: New Amazon HQ2 Headquarters Will Bring 25K High-Paying Jobs To NYC Area
It's Official: New Amazon HQ2 Headquarters Will Bring 25K High-Paying Jobs To NYC Area In one of the most anticipated business announcements in years, Seattle-based Amazon said Tuesday morning that it will split its second headquarters between the New York City and Northern Virginia. Speculation had swirled since September 2017 when the global giant Internet retailer said it was seeking proposals from cities and metropolitan areas across North America to compete for its second headquarters. The 500,000 square-foot facility known as HQ2 was expected to include $5 billion in private investment and create as many as 50,000 new high-paying jobs. But now comes the dramatic plot t…

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by Joe Lombardi
Business
Hiring: Google To Add Thousands Of Employees Throughout Country Hiring: Google To Add Thousands Of Employees Throughout Country
Hiring: Google To Add Thousands Of Employees Throughout Country Google is about to start a hiring spree. The tech giant said on an earnings call last week that it's planning to add thousands of new employees throughout the nation in either expanded or new offices. There's been increased attention on tech company hiring in the United States, and political pressure to invest and create jobs locally," according to CNN Money.

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by Daily Voice